The company accepted the resignation of Edwin G. Morrow and the appointment of CFO Robert T. Malasek to the position of Interim President and CEO today. Mr. Morrow, who has served as Liberty's President since April 2010, will continue to serve on the Company's Board of Directors and as the Company's Head of Geology. Mr. Malasek joined the company in April of 2011. This restructuring is effective immediately, and is aimed at creating a more efficient operation to aid the Company's progress in implementing its revised Business Plan.